Why choose Fortus Payroll?
Paying your team on time is essential and there’s nothing worse than when it goes wrong.
Successfully outsourcing your payroll is about having the right technology and knowledge to deal with constant legislation changes and a varied workforce.
Outsourcing your payroll removes the burden of an in-house payroll specialist, saving you time and money. No more training, purchasing and maintaining payroll software and holiday cover to worry about. Our payroll experts are trusted by hundreds of SMEs. They provide peace of mind and security that your payroll’s being handled by a skilled, specialist team.
Common payroll problems include:
Sending out incorrect or late payslips
This is technically illegal and you could receive a fine from HMRC.
Getting tax calculations wrong
This often happens when the wring tax code's used or a mistake's made when calculating taxes.
Failing to pay HMRC on time
If you don't pay on time, you'll be charged interest and could be liable for penalties.
Not paying National Insurance Contributions (NIC)
Again, if you don't pay your employer NIC, you could face fines from HMRC.
Missing pension payments
Missing or late pension payments can cause undue stress for employees.
Not completing the Declaration of Compliance
Expect hefty fines for not completing a Declaration of Compliance with The Pensions Regulator (this declaration shows you're meeting your automatic enrolment duties as an employer).
Underpaying employees, or not paying them at all
It's a serious issue that can lead to severe financial hardship for your employees.
Not paying unauthorised overtime
An employee may work extra hours without prior approval, so it's important your employees are aware they need approval for working overtime, otherwise you could owe them a lot of money in back pay.
Not reimbursing expenses
Employees who incur expenses on behalf of your business should be reimbursed in a timely manner.
Losing track of payroll records
Good payroll housekeeping's crucial to ensure records are accurate and up-to-date, if they're not, you could face more fines.
The benefits of outsourcing payroll
Maybe your current payroll bureau isn't providing all the benefits you expect or need. If you don't outsource, then now's the time to understand the benefits outsourcing payroll could bring to your business.
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